Why Is the Long-Run Aggregate-Supply Curve Vertical

question 144

Multiple Choice

Why is the long-run aggregate-supply curve vertical?

• A) because population grows slowly
• B) because the government controls inflation
• C) because money is neutral
• D) because prices are stable

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A legal concept that separates the personality of a corporation from the personalities of its shareholders, and protects them from being personally liable for the company's debts and other obligations.

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A legal principle that allows corporations to withhold certain confidential communications from disclosure, often relating to legal advice.